
It's official. Jack Dorsey's Square has joined the
billion dollar valuation club. The mobile payments startup closed a $100 million series C led by Kleiner Perkins, a
story we broke a few weeks ago. The new round values Square above $1 billion. Tiger Management is also an investor. And Mary Meeker, the former Morgan Stanley Internet analyst who is now a partner at Kleiner, will get a board seat.

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